London, 21 September 2017 - Today LMAX Exchange submitted its feedback on Last Look practices to the GFXC Secretariat, as part of the formal consultation process on the wording of Principle 17 of the Global FX Code. read more

London, Singapore, 15 August 2017 - LMAX Exchange, the leading FCA regulated MTF for FX, has announced the appointment of Scott Moffat as Managing Director for Asia Pacific, based in Singapore. Part of the LMAX Exchange founding team and former Chief Operating Officer, Scott Moffat will be instrumental in strengthening the company’s position in the region and building upon the existing presence, including the sales and operational hub in Hong Kong (set up in early 2015) and Tokyo-based exchange (launched in late 2014). read more

London, New York, 13 June 2017 - LMAX Exchange, the FCA regulated MTF for FX, has appointed Matt DellaRocca to the newly created position of Liquidity Manager for the Americas. Matt will be responsible for the real-time management, monitoring and analysis of all LMAX Exchange liquidity in the US. Matt joins LMAX Exchange from Bloomberg Tradebook, where he was a Liquidity Manager. read more

London, 25 May 2017 - LMAX Exchange, the leading FCA regulated MTF for global FX and one of the UK’s fastest growing technology firms, has been named ‘Best Margin Sector Platform’ for the 5th year running at the 2017 Profit & Loss Readers’ Choice Awards in New York. read more

London, 15 May 2017 - LMAX Exchange today publishes research that seeks to transform how the global FX market understands the cost of trading and quality of execution. The paper aims to begin a period of FX industry engagement, debate and agreement to better market structures that benefit all participants. read more

London, May 2017 - Today, LMAX Exchange, one of UK’s fastest growing financial technology firms and the leading MTF for FX trading, is pleased to announce record high profitability with reported annual EBITDA of £5.6m in 2016. This marks the company’s strongest financial performance to date and demonstrates its rapidly expanding footprint in the global FX market – particularly remarkable in the face of a difficult period for the spot FX industry, which has seen a volume decline of 19% over the last 3 years. read more

London, 19 April 2017 - LMAX Exchange, the leading FCA regulated MTF for global FX trading and one of the UK’s fastest growing technology firms, has today announced a ground-breaking partnership with GB Wheelchair Rugby (GBWR). The partnership will assist with the funding of GBWR as the team prepares for the 2017 European Championships in Germany and the 2018 World Championships in Australia. read more

London, 5 April 2017 - As the leading FCA regulated MTF for FX, operating a central limit order book with no ‘last look’, LMAX Exchange is committed to serve as the industry’s best practice for transparency and fairness in FX execution and to lead, by example, the positive reforms aimed at restoring trust and integrity in the FX marketplace. read more

London, 14 February 2017 - LMAX Exchange, the leading FCA regulated MTF for global FX trading and one of the UK’s fastest growing technology firms has been recognised as the ‘Best FX Trading Venue (ECN/MTF)’ for the fifth year running at the Fund Technology and WSL Awards 2017 in New York. read more

26 September 2016, New York & London - LMAX Exchange, the leading MTF for FX, today announced the expansion of its global infrastructure with the launch of its North American matching engine in the Equinix International Business Exchange™ (IBX®) data centre in New York (NY4). read more

London, 30 July 2016 - Team LMAX Exchange have been crowned the overall winners of the Clipper 2015-16 Round the World Yacht Race. The amateur crew completed the epic eleven month, 40,000 mile journey around the globe and endured some of the most extreme conditions ever experienced in the event’s 20-year history. read more

London, 11 July 2016 - LMAX Exchange, the leading Multilateral Trading Facility (MTF) for FX and one of the UK’s fastest growing fintech companies, is calling for UK financial regulators to show worldwide leadership and deliver on the FEMR objectives to improve transparency in the FX market, set out by the Chancellor of the Exchequer and the Governor of the Bank of England in June 2014. read more

New York, 16 June 2016 -Team LMAX Exchange, currently leading the Clipper 2015-16 Round the World Yacht Race, the toughest amateur sailing challenge on the planet, celebrated its arrival into New York this week by holding a day of unique client events. read more

London, 27 May 2016 - LMAX Exchange, the leading FCA regulated MTF
for global FX and one of the UK’s fastest growing technology firms, has
been named ‘Best Margin Sector Platform’ for the fourth year running at the
2016 Profit & Loss Readers’ Choice Awards in New York. read more

London, 20 April, 2016 - Today, LMAX Exchange has been included in The Leap 100 2016 – a list of the 100 most exciting, fast-growth companies in the UK, launched by Mishcon de Reya and City AM. LMAX Exchange was selected on the basis of the growth achieved over the past 12 months and has been identified as one of the ‘ones to watch’ for 2016. read more

Qingdao, China, 21 March 2016 - Team LMAX Exchange, currently leading the Clipper 2015-16 Round the World Yacht Race (one of the toughest endurance sailing challenges on the planet), celebrated its arrival into Qingdao, China this week, by holding a unique Asia based Client appreciation day. read more

London, 25 February 2016 - LMAX Exchange, the leading FCA regulated MTF for global FX and one of the UK’s fastest growing technology firms, has been named ‘Best FX Trading Venue (ECN/MTF)’ for the fourth year running at the 2016 Wall Street Letter (WSL) Institutional Trading Awards in New York. read more

London, 23 February 2016 - LMAX Exchange, the leading FCA regulated MTF for global FX trading and one of the UK’s fastest growing technology firms has been recognised as the ‘Best trading and execution technology’ at the HFM US Technology Awards 2016 in New York. read more

London, 11 January 2016 - In the tightest, most thrilling battle yet of the Clipper 2015-16 Round the World Yacht Race, LMAX Exchange claimed an incredibly narrow victory of just 42 seconds over GREAT Britain in the Henri Lloyd Hobart to Whitsundays Race. read more

London, 23 November 2015 - Following their victory in the first leg of the Clipper Round the World Yacht Race, Team LMAX Exchange was the first crew to reach the west coast of Australia, claiming maximum points in the third leg of the biennial event. read more

London, 19 October 2015 - LMAX Exchange, the leading Multilateral Trading Facility (MTF) for FX and the UK’s fastest growing fintech company has today launched a report, Restoring trust in the global FX markets. read more

London, 7 September 2015 - LMAX Exchange has been ranked the UK’s sixth fastest growing technology company in the 2015 Sunday Times Tech Track 100 league table, marking the third consecutive year (#1 in 2014 and #15 in 2013) the company has featured in the prestigious list based on annual sales growth over the last three years. read more

London, 5 August 2015 - The UK’s leading financial technology firm is set to continue its extreme sporting prowess by sponsoring a team in the biennial Clipper Round the World Yacht Race. LMAX Exchange will be making its global ocean-racing debut at the end of the month when the 40,000 nautical mile race begins in London. read more

London, 11 June 2015 - Commenting on the Fair and Effective Markets Review Final Report published yesterday, David Mercer, CEO of LMAX Exchange, said, “As the leading FCA regulated MTF for spot FX operating a ‘no last look’ open order book, we fully welcome the review’s endeavour to bring increased transparency to the FX market. We will fully support and cooperate with the new market standards committee to help drive the effort in increasing fairness and transparency in FX markets globally.” read more

London, 29 May 2015 - LMAX Exchange, the leading FCA regulated MTF for global FX and the UK’s fastest growing technology firm, has been named ‘Best Margin Sector Platform’ for the third year running at the 2015 Profit & Loss Readers’ Choice Awards in New York. read more

London, 20 May 2015 - LMAX Exchange, the UK’s fastest growing technology company and the leading FCA regulated MTF for FX, is pleased to announce its first full year of profitability with reported annual net profits of £0.5 million in 2014. read more

Resolute Bay, 30 April 2015 - David Mercer, CEO of the UK’s fastest growing tech company, LMAX Exchange, and a team including several ex-professional national rugby players, have officially broken a Guinness World Record by playing the northernmost game of rugby ever attempted - at the North Pole. read more

London UK, 29 April 2015 - LMAX Exchange, the FCA regulated MTF for global FX and the UK’s fastest growing technology firm, announced that it will widen the distribution of liquidity from its Tokyo-based matching engine via PrimeXM. read more

London UK, 16 March 2015 - LMAX Exchange, the world leading FCA regulated MTF for global
FX and the UK’s fastest growing technology firm, has launched LMAX Prime, a prime of
prime service to provide retail brokers, hedge funds and asset managers with credit
intermediation and bespoke liquidity arrangements with access to multiple venues. read more

London UK, 12 March 2015 - LMAX Exchange, the world leading FCA regulated MTF for global FX trading and the UK’s fastest growing technology firm, today announced it has become a member of the Linux Foundation, the nonprofit organisation dedicated to accelerating the growth of Linux and collaborative development. read more

London UK, 9 March 2015 - A three party alliance between the world leading FCA regulated MTF for FX, the world’s largest retail FX provider and a leading MT4 bridge solution is opening access to a unique no ‘Last Look’ liquidity pool to a new group of traders. read more

FX-MM, February 2015 - David Mercer, CEO at LMAX Exchange, the world
leading regulated multi-lateral trading facility (MTF)
for FX, explains why recent market turbulence may
prove to be a watershed for the currency market
and why its future lies on an exchange. read more

London, 5 February 2015 - LMAX Exchange, the leading FCA regulated MTF for global FX and the UK’s fastest growing technology firm, has been named ‘Best FX Trading Venue (ECN/MTF)’ for the third year running at the 2015 Wall Street Letter (WSL) Institutional Trading Awards. read more

London, 19 January 2015 - The UK’s fastest growing technology firm, LMAX Exchange, an FCA regulated MTF for FX trading, is pleased to announce its partnership with GMO-Z.com Trade UK Limited (“Z.com Trade”), a member of the Japan-headquartered GMO CLICK Holdings Inc. group of companies, which is the world’s largest retail FX provider by volume1. read more

London, 16 January 2015 - LMAX Exchange, the world leading regulated MTF for FX, today reported business as usual following the extreme market volatility caused by the discontinuation of the CHF peg by the SNB with the only changes being temporary increased margins of 10% on EURCHF and USDCHF and 5% on other CHF crosses. read more

London, 24 November 2014 - LMAX Exchange, the FCA regulated MTF for FX, has appointed former Sales Director of e-FX at Bank of America, Tom Gould, to the newly created position of Head of US Sales. Tom will be responsible for driving the institutional growth of LMAX Exchange in the US, the market accounting for over 25% of global FX trading. read more

London, September 2014 - LMAX Exchange has been ranked No.1 overall in the Sunday Times Tech Track 100 league table, eclipsing its 2013 ranking of 15th, with a remarkable growth of 307.8% in annual revenues. LMAX Exchange also ranked No.1 within the financial technology sector, for the second year running. read more

City AM, September 2014 - LMAX Exchange, the provider of an exchange-based currency trading platform, has been named Britain’s
fastest-growing private technology company by Fast Track, after its annual sales rose 307.8 per cent over the past three years to £18.37m last year. read more

London, June 2014 - LMAX Exchange, the FCA regulated MTF for FX, has appointed former Global Head of FX at ABN Amro, Patrick Bartle, to the newly created position of Global Head of FX Strategy. Patrick will be responsible for driving the global expansion of LMAX Exchange and will be based in North America, where over 25% of all FX trading takes place. read more

London, May 2014 - LMAX Exchange has great pleasure in announcing that it has been awarded the “Best Margin Sector Platform” for the second year in a row at the 2014 Profit & Loss Readers’ Choice Awards in New York. read more

London/Davos, January 2014 - LMAX Exchange, the FCA regulated MTF for FX trading, announces it will become the first regulated MTF to list Ven, enabling brokers, institutions and banks to trade the currency. read more

FX Week, January 2014 - Global foreign exchange volumes could
double by 2020 due to growth in emerging
markets (EM) currencies in Asia and
Russia, according to David Mercer, chief
executive of trading platform LMAX
Exchange, which has added ruble and
offshore renminbi (CNH) to its list of
traded currencies to benefit from the
surge in volumes. read more

FX-MM, November 2013 - CEO David Mercer speaks
to FX-MM about the current challenges
faced by traders in a rapidly changing FX
landscape – and how LMAX Exchange
brings something different to the table. read more

London, September 2013 - LMAX Exchange, the first FCA authorised and regulated MTF for FX trading, is pleased to announce the partnership with ActForex, the leading provider of independent retail trading platforms. read more

Sunday Times, September 2013 - LMAX Exchange takes great pleasure in announcing that it has ranked fifteenth in the Tech Track 100 league table, which lists Britain’s 100 private tech companies with the fastest-growing sales over the last three years. Tech Track 100 is compiled by Fast Track annually and published in the Sunday Times each September. read more

FX Week, September 2013 - Electronic trading continues to gain
traction in the foreign exchange market
and could account for as much as 70% of
all trading by the end of 2013, but this
growth does not herald the end of voice
trading, according to a new report by
Boston-based research and advisory
firm Aite Group. read more

FX Week, July 2013 - The use of randomisation logic to
eliminate the execution advantages gained
on foreign exchange trading platforms by
some high-frequency traders (HFTs) was
denounced as little more than a “marketing
ploy” by a group of platforms and
technology vendors at FX Week USA. read more

FX-MM, July 2013 - Recent research published by Aite Group has provided some interesting insights into
the trajectory of the global FX market, not least what it will take for venues to remain
competitive. We speak to David Mercer, CEO, LMAX Exchange, to get his views on the
future of FX. read more

e-Forex, July 2013 - With the incoming regulatory environment favouring centrally cleared products over OTC instruments Frances Faulds looks at how the exchanges are gearing up for continued growth. read more

Wall Street Letter, June 2013 - A US-based matching engine may be in the cards for LMAX Exchange, the London-based multi-lateral trading facility for foreign exchange, according to CEO David Mercer. read more

InfoQ, May 2013 - Developers at the LMAX Exchange, an execution venue for trading FX established in the City of London in October 2010, have begun testing Azul's Zing JVM as a way of improving their already impressive response times and throughput rates. read more

Profit & Loss, February 2013 - David Mercer, CEO of the firm, wants LMAX Exchange to be seen differently. He is keen to stress that it is not an ECN – it is a regulated multilateral trading facility (MTF) that supports the trading of spot foreign exchange – and that its technology provides it with a real differentiator when potential clients are selecting their trading venue. read more

Wall Street Letter, January 2013 - LMAX Exchange, a London-based multilateral trading facility for foreign exchange and metals trading, is looking to expand its user base in the next few years, according to David Mercer, CEO. read more

Best Execution, January 2013 - London-based LMAX Exchange, the leading FSA
regulated MTF for FX and metals, aims to bring
market participants together in an anonymous,
order-driven, and fully transparent manner. Best
Execution asked David Mercer* what impact his
business model has on delivering best execution
in FX trading and to what degree this strategy
anticipates future regulatory changes. read more

FX Week, December 2012 - The management team of London-based
foreign exchange and metals multilateral
trading facility (MTF) LMAX Exchange
has agreed to buy a majority stake in the
venture from its parent Betfair, the online
sports betting company. read more

London, UK and Redwood City, Calif., 6 December 2012 - Equinix Inc. (Nasdaq: EQIX), the global interconnection and data centre company, today announced that LMAX Exchange, the leading FSA regulated MTF for FX and metals, has selected the Equinix London LD4/5 data centre campus in Slough as its primary operational site. The move positions LMAX Exchange in the epicentre of institutional FX trading, further enhancing access to its award-winning trading technology and reinforcing superior execution capabilities. read more

FX Week, November 2012 - Aggregation technology is the best way to manage the increasingly fragmented foreign exchange trading landscape, and banks need to have such tools at their disposal if they don’t have adequate in-house technology, according to speakers at the FX Week Europe conference in London. read more

Euromoney, 9 November 2012 - Finding an edge in the crowded space of multi-dealer FX platforms is a difficult proposition these days. So far in 2012, a dozen new platforms have entered the market looking to cater to institutional clients. Not all of those will stand the test of time. read more

Automated Trader, October 2012 - LMAX Exchange is an exponent of the agile development methodology, but does that agility also extend to the business as a whole? In this issue’s Exchange Views, David Mercer, CEO, Andy Phillips,
Head of Systems and Mike Barker, Head of Software, describe how LMAX Exchange has evolved both rapidly and sometimes in unexpected directions over the ﬁve years since its inception. read more

FX Week, August 2012 - The launch of new trading platforms and the restructuring of incumbents has become a clear trend in the foreign exchange market in 2012. In the first of a series of articles seeking to assess the strategies and challenges of new and existing platforms, Joel Clark speaks to David Mercer, chief executive, and Steve Toland, head of exchange strategy, at LMAX Exchange. read more

Funds Europe, 1 June 2017 - FX fees and transaction methods have come under the spotlight once again since the UK’s Investment Association issued guidelines on market practices. Catherine Lafferty looks at the scale of the issue in the UK and Europe …read more

Business Insider UK, 10 March 2018 - Cryptocurrency-exchanges are growing fast thanks to the booming market for digital coins. That has David Mercer, the CEO of LMAX Exchange, a foreign exchange trading firm, warning Wall Street that crypto-exchanges might soon come after their respective businesses…read more

CityAM, 22 February 2018 - The world’s largest asset managers today tried to clamp down on the controversial “last look” practice which allows banks and brokers to reject orders even after a price has been agreed, although it faced concern from industry that it does not go far enough…read more

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LMAX Global is a trading name of LMAX Broker Limited which is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 783200) and is a company registered in England and Wales (number 10819525). LMAX Global is part of the LMAX Exchange Group. Registered address: Yellow Building, 1A Nicholas Road, London, W11 4AN